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IDBI

IDBI BANK LTD,KHUJARHAR BRANCH

+919552744500

IFSC CODE
IBKL0002193
MICR Code 464259202
Branch Code 002193
City / District GULABGANJ
State MADHYA PRADESH
Office Address 113 NEAR HONDA SHOWROOM,VILLAGE KHUJARHAR,POST GULABGANJ,TEHSIL GULABGANJ 464220
Phone +919552744500
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Understanding IFSC Code: The Digital DNA of IDBI

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the IDBI BANK LTD,KHUJARHAR branch of IDBI, the code IBKL0002193 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the IBKL0002193 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"IBKL" represents IDBI

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for IDBI BANK LTD,KHUJARHAR

Payment Systems Supported by IBKL0002193

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—464259202—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The IDBI in GULABGANJ typically follows the RBI holiday calendar. Digital transfers via IBKL0002193 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While IBKL0002193 is the valid code for IDBI BANK LTD,KHUJARHAR at GULABGANJ, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • IDBI BANK LTD,KHUJARHAR Contact
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  • • MICR Code Finder
  • • MADHYA PRADESH Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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